5125 6th Ave - Apartments FOR SALE


Brooklyn, NY 11220- Sunset Park
$2,700,000 USD
516-279-8828
5125 6th Ave, Brooklyn, NY for Sale
$2,700,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

5125 6th Ave
Brooklyn, NY 11220
Sunset Park


HIGHLIGHTS

  • Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Corner Building In Sunset Park For Sale!!!
  • The Property Features Excellent Signage, Great Exposure, R6A Zoning, High 12’ Ceilings, (5) 2 Br. Apartments, Skylight, Basement, 200 Amp Power, +++!!
  • The Property Is Located In The Heart Of Brooklyn Just Blocks Off I-278 (Belt Pkwy.) & Only Minutes From The Verrazzano Bridge!!!
  • The Property Has 22’ Of Frontage On 6th Ave. + 82’ On 52nd St.!!!
  • Neighbors Include Starbucks, Toyota, Costco, NYU Langone, USPS, Wyndham Hotels, Sephora, Planet Fitness, Petco, CVS, Dunkin’, McDonald’s, +++!!!
  • This Property Offers HUGE Upside Potential!!!

OVERVIEW

Calling All Investors, Developers, & End-Users!!! 100% Occupied 6 Unit Free Market Corner Building In Sunset Park For Sale!!! The Property Features Excellent Signage, Great Exposure, R6A Zoning, High 12’ Ceilings, (5) 2 Br. Apartments, Skylight, Basement, Rear Yard, 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just Blocks Off I-278 (Belt Pkwy.) & Only Minutes From The Verrazzano Bridge!!! The Property Has 22’ Of Frontage On 6th Ave. + 82’ On 52nd St.!!! Neighbors Include Starbucks, Toyota, Costco, NYU Langone, USPS, Wyndham Hotels, Sephora, Planet Fitness, Petco, CVS, Dunkin’, McDonald’s, MicroCenter, Popeye’s Louisiana Kitchen, Pollo Campero, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Accountant: $36,600 Ann.; 2% Ann. Inc.; Lease Exp.: 12/1/28. Apt. 1R (2 Br.): $19,200 Ann.; Lease Exp.: 8/1/26. Apt. 2R (2 Br.): $20,400 Ann.; Lease Exp.: 8/1/26. Apt. 2L (2 Br.): $25,200 Ann.; Lease Exp.: 12/1/26. Apt. 3R (2 Br.): $20,640 Ann.; Lease Exp.: 9/1/26. Apt. 3L (2 Br.): 21,300 Ann.; Lease Exp.: 9/1/26. Gross Income: $143,340 Ann. Expenses: Oil: $7,000 Ann. Electric: $720 Ann. Water & Sewer: $4,203 Ann Insurance: $3,826 Ann. Snow & Landscape: $0 Ann. Trash: $0 Ann. Taxes: $27,970 Ann. Total Expenses: $43,719 Ann. Net Operating Income (NOI): $99,621 Ann.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$675 USD /SF

# OF UNITS

5

PRICE/UNIT

$540,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6A

APN/PARCEL ID

00801-0001

ASK ABOUT THIS PROPERTY

Matthew ShaneAll Island CommercialMore Info
516-279-8828

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Matthew ShaneAll Island CommercialMore Info
516-279-8828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.